This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A consumer buys food (F) and shelter (S). If the consumer's income rises and there is no change in ... (Read 85 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
on: Jul 1, 2018
A consumer buys food (F) and shelter (S). If the consumer's income rises and there is no change in the prices of F or S, the marginal rate of transformation of F for S will
 
  A) increase.
  B) decrease.
  C) stay the same.
  D) change, but there is not enough information to know how.

Question 2

If the prices of both goods and income increase by the same percentage, what will happen to the budget line?
 
  A) The budget line rotates inward from the intercept on the axis of the good that did not change in price.
  B) The budget line rotates outward from the intercept on the axis of the good that did not change in price.
  C) The budget line shifts outward without a change in slope.
  D) Nothing.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zhanghao

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


torybrooks

  • Member
  • Posts: 500
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Change in plasma metabolomics following glucose igestion Change in plasma metabolomics following glucose igestion
Finding Added Sugars on the Label A food Finding Added Sugars on the Label A food
Food Sources of the Essential Fatty Acids Many oils and nuts Food Sources of the Essential Fatty Acids Many oils and nuts
Ranges of Food Security Ranges of Food Security
Intergenerational Income Mobility in the United States Intergenerational Income Mobility in the United States
Consistency and Change in Personality Over the Lifespan Consistency and Change in Personality Over the Lifespan
Video: Magnetic resonance imaging (MRI)

For a complete list of videos, visit our video library